120 Carmelito AVE Active Save Request In-Person Tour Request Virtual Tour
Monterey,CA 93940
Key Details
Property Type Multi-Family
Sub Type Multiple Dwellings / Structures
Listing Status Active
Purchase Type For Sale
Square Footage 4,389 sqft
Price per Sqft $580
MLS Listing ID ML81938118
Year Built 1900
Lot Size 0.391 Acres
Property Description
Unique opportunity to own a two-parcel, multi-unit, estate compound in a central Monterey location. Consisting of two separate and independently parceled contiguous lots: 120 Carmelito Avenue and 942 Munras Avenue, each parcel contains individual improvements. There are 7 units in total, comprised of a 3 bedroom, 2 bath home, a two bedroom unit, 3 one bedroom units, a loft studio unit, and a stand alone commercial office. In addition, there are storage areas, parking and a workshop. The two properties offer a total of approximately 21,000 square feet of land and 5,000 square feet of improvements. Currently, 6 of the units are rented and the property is professionally managed. Owned by the same family for many years, this exceptional property is located within walking distance to downtown Monterey. The two parcels and improvements are being sold in their "As Is" present condition and are being sold together.
Location
State CA
County Monterey
Area Monte Regio/Peter'S Gate
Zoning CO
Rooms
Other Rooms Office Area,Storage
Interior
Heating Wall Furnace
Cooling None
Exterior
Garage Off-Street Parking,On Street
Garage Spaces 1.0
Utilities Available Public Utilities
Roof Type Composition,Shingle
Building
Foundation Concrete Perimeter and Slab
Sewer Sewer - Public
Water Public
Others
Special Listing Condition Not Applicable